Bringing HRMS, payroll and finance together to improve your productivity
Traditionally, and still today in
many of the organizations, HR and Finance departments operate apart and they
represent different component of a business. One will look after the Employee
(HR) and past trends to analyse their impact on the business, while other will
look at the Money (Finance) and forecast to predict the path of the business
growth. While individually each department serves the company, many of their
functions overlap. HR and Finance works most effectively like a checks and balance
systems, and Payroll is part of both. Obviously, Payroll considered as a part
of finance and HR is accountable for the employee’s end of payroll.
And this makes team work and collaboration
between Human Resource (HR), Finance and Payroll department vital for any organisation.
In fact, as we have moved to new method of remote and flexible working due to corona
virus pandemic, collaboration became even more important. But, initiating
cooperative environment across these departments is not a simple task. Someone
just can’t send an email or say “Work Together” and go on. Because they have
functional walls between them as they were using separate system for a long
time.
We have a quick solution to
manage all your Human Resource, Finance and Payroll in one place. With Horizon
EBS – Financial Accounting, HR & Payroll comes handily in one system. Definitely,
when your HR and finance department start functioning cooperatively the
organization moves into a new era of efficiency, production, employee
satisfaction and most importantly profit.
Organize your employee info
Keep all your employee records
up-to-date with Horizon EBS. Employee details like name, designation,
designation, passport number, visa status and all related documents are stored
for safe record keeping and integrated with Payroll module to automatically process
employee’s payroll process.
Tailor pay runs to your need
With the integrated payroll you can
create a variety of pay slabs for diverse salary structures, compliance with
VAT and tax regulations, configure automated approvals, keep track of all
salary leave deduction, other deductions & reimbursements and automate complete
employee payroll process.
Effortless time off management
Finding the exact number of days
an employee worked in a month is a key to process each employee’s payroll. The simplified
leave tracking, timesheet management, overtime calculation performed by Horizon
EBS let’s you simply the time off calculation by providing error-free accurate
reports that specify all the required information.
Intuitive employee portal
Payroll is perfect when employee
can have broad visibility into their pay details and other payroll related
activities. With Horizon EBS – Employee Self Service (ESS) module, employees
can view leave information, pay slip, claim benefit, apply for reimbursement,
and easily get notified on approval or rejection of their request.
Get advantage of integrating module
With Horizon EBS – Human Resource
(HR), Finance and Payroll working together, you're not just streamlining your
payroll tasks but also gaining the benefit of a complete Financial Accounting
and HR solution. Whether you're onboarding new employees, managing employee
time and performance, processing retirement gratuity or taking any critical
business decisions using insightful analytics, Horizon EBS has all the features
and functionalities you need to run your entire HR, Payroll and Financial Accounting.
Without HR, Finance and Payroll transparently
communicating with each other and sharing the necessary information and details
on the real-time data; a business will struggle to compete in today’s dynamic
market. Overcoming with a modern, robust solution like Horizon EBS can fully
support you giving access to all HR, Finance and Payroll module. The benefit
your organization gain is extensive, bringing production, employee satisfaction
and profit to maximum potential.
To know more about Horizon EBS, you can write to us at sales@fit.ae or ring us at +971 4 353 3727. We will guide you and help you with complete implementation of the new system.
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